Mozambican government to grant more coal concessions

1 March 2011

Maputo, Mozambique, 1 March – The Mozambican government plans, by the end of 2012 to grant more coal surveying and prospecting concessions, an official from the Ministry of Mining Resources said in Maputo.

During a meeting on management of natural resources held in Maputo, Costa Júnior said that a further seven coal basins with a lot of potential had been identified in the country in the provinces of Niassa, Cabo Delgado, Tete and Manica, in the north and centre of the country, respectively.

Cited by the Mozambican press, Costa Júnior also said that the Moatize and –Benga mines in Tete province, whose concessions are owned by Brazil’s Vale and Australia’s Riversdale Mining, respectively, were at an advanced stage, with the start of production scheduled for the second half of this year. (macauhub)